This property looks like a bad Long-Term investment with a projected -19.52% first-year return on $335k initial cash invested.
-19.52%
Cash On Cash
2.56%
Cap Rate
0.4
DSCR
$5,683
Rent
-$5,448
Cashflow
Cash Flow
$5,683 income − $11,131 expenses = $5,448 out of pocket
Investment Breakdown
|
Purchase Price
$1595k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$335k
Downpayment
20%
$319k
Closing costs
1%
$15,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,683
Total Expenses
$11,131
Mortgage P&I
151%
$8,567
Property Taxes
9%
$529
Home Insurance
10%
$558
HOA
0%
$0
Property Management
10%
$568
CapEx
5%
$284
Vacancy
6%
$341
Maintenance
5%
$284
Other
0%
$0